How can you apply currency formatting to a cell in Excel?

a) Right-click and select “Format as Currency”

b) Click the “Currency” button on the ribbon

c) Use the “Number Format” dropdown in the Format Cells dialog

d) Type a currency symbol in the cell

Show Answer

c) Use the “Number Format” dropdown in the Format Cells dialog

To apply currency formatting to a cell in Excel, you can use the following steps:

  1. Select the Cell or Range: Click on the cell or select the range of cells that you want to format as currency.
  2. Access the Format Cells Dialog Box: There are a few ways to access the Format Cells dialog box:
    • Right-click the selected cell(s) and choose “Format Cells” from the context menu.
    • Go to the “Home” tab on the Excel Ribbon, and in the “Number” group, you’ll find a drop-down list with formatting options. Click the drop-down arrow and choose “More Number Formats.” Then, click the “Currency” category in the Format Cells dialog.
  3. Choose the Currency Format: In the “Format Cells” dialog box:
    • Go to the “Number” tab if you accessed it from the “Home” tab.
    • In the “Category” list on the left, select “Currency.”
  4. Customize Formatting (Optional):
    • You can choose the currency symbol you prefer from the “Symbol” drop-down list.
    • You can also set the number of decimal places, choose a thousands separator, and specify a negative number format if needed.
  5. Preview the Formatting: As you make changes in the Format Cells dialog box, you can use the “Sample” box to preview how the formatting will appear in your selected cell(s).
  6. Apply the Formatting: Click the “OK” button to apply the currency formatting to the selected cell(s).

The cell or range will now display numbers with currency formatting, including the chosen currency symbol, decimal places, and thousands separator. If you change the cell’s value, it will automatically maintain the currency format.

Remember that you can always adjust the currency formatting by repeating these steps or using the formatting options on the Excel Ribbon.